Betting Strategy and Model Validation, I analyse the staking model of a sportsbook agency which follow bets from consultancy firm A.
The rebates value inside the dataset doesn’t count in Return and PL since it is not includes in win/loss profit but only awarded upon hit a certain amount of stakes. Rebates is a marketing strategy for bankers and also agent to fight for revenue and occupy the market shares.
rebates only offers by credit market sportsbook makers.cash market normally only up to HKD10,000 while credit market can up to millions HKD1,000,000.rebates.AI - Soccer team name filtering
Data analysis on soccer betting
Betting Strategy and Model Validation - Part II